Bitcoin Maximalist PlanB Shifts to Spot Bitcoin ETFs, Sparking Debate
Bitcoin analyst PlanB has sparked discussions debate among followers by shifting his Bitcoin holdings into spot Bitcoin exchange-traded funds (ETFs). The move has led some to question his stance as a Bitcoin maximalist, while others praise his pragmatic approach.
PlanB, known for his stock-to-flow Bitcoin price model, announced the change in his investment strategy. He now manages his digital assets like traditional investments, using spot Bitcoin ETFs. This decision has drawn mixed reactions from the Bitcoin community.
Some users have speculated that this move might trigger a taxable event, but PlanB clarified that selling Bitcoin does not incur capital gains tax under the Netherlands' tax code. He explained that unreal capital gains tax in the Netherlands assumes a 6% return on entire wealth and incurs a ~30% tax rate, resulting in an approximate 2% annual tax on net wealth. PlanB's shift to ETFs allows him to navigate these tax implications more effectively.
The debate surrounding PlanB's move centers on the preference for direct control over assets versus the convenience of ETFs. Dan Held, a prominent Bitcoin user, argued that the discussion revolves around this very issue. PlanB, however, views ETFs as a logical step in Bitcoin's adoption and was unaware of the controversy surrounding them.
PlanB's decision to invest in spot Bitcoin ETFs has sparked a lively discussions debate among Bitcoin followers. While some appreciate his practical approach to managing his assets, others see it as a departure from Bitcoin's core ideals. Despite the controversy, PlanB remains confident in his decision, viewing ETFs as a natural evolution in Bitcoin's acceptance.
Read also:
- C3IC Publishes 'This is the Taiwan We Love' Guide to Empower Citizens
- Reporter of Silenced Torment or Individual Recording Suppressed Agony
- Solar panel troubles on rooftops
- EPA Administrator Zeldin travels to Iowa, reveals fresh EPA DEF guidelines, attends State Fair, commemorates One Big Beautiful Bill
